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Items tagged with "US"

XBRL US recommends xBRL-CSV for money market fund reporting

XBRL US has submitted a comment letter on a Securities and Exchange Commission (SEC) notice of information collection for Form N-MFP.

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Revolutionising data consumption: how XBRL can help energy companies understand rate cases

The transition to XBRL by the US Federal Energy Regulatory Commission (FERC), for regulatory reporting by energy utilities, is one of the many interesting frontiers in digital reporting right now.

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FASB publishes proposed GAAP Taxonomy for review

The Financial Accounting Standards Board (FASB) has announced that its Proposed 2022 Q3 Supplemental GAAP Taxonomy is now available for public review and comment.

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Digital disclosures coming soon for US business development companies

Readers may recall that in 2020 the US Securities and Exchange Commission (SEC) adopted a new rule extending digital reporting to business development companies (BDCs) and other closed-end funds (CEFs).

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Three new projects as FASB announces results of strategy consultation

The US Financial Accounting Standards Board (FASB) has released its 2021 Agenda Consultation Report.

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Support and suggestions for digital climate reporting at the SEC

We welcome the SEC’s proposal on climate-related disclosures, mandating Inline XBRL to create decision-useful data. Comparability with other emerging global standards is essential, to which end we offer a tentative proposal to ensure compatibility at the digital level.

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SEC announces this year’s regulatory plans

Those with an interest in reporting in the US may like to note that the Securities and Exchange Commission (SEC) has released its annual regulatory agenda, covering rules in both proposed and final stage and including a number of items with digital reporting elements.

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Latest EDGAR update in effect

As of 21 June 2022, the US Securities and Exchange Commission (SEC) has upgraded the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system to Release 22.2.

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Now launched for public review: XBRL taxonomy for US local-government reporting

Routine digital reporting by local governments in the US just got a huge step closer. XBRL US and the University of Michigan’s Center for Local, State and Urban Policy (CLOSUP) have issued a ‘commercial-grade’ XBRL taxonomy for local-government reporting.

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FASB changes direction on goodwill

The US Financial Accounting Standards Board (FASB) has unanimously agreed to scrap a four-year project revising how companies account for goodwill, dropping it from FASB’s technical agenda.

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